CAT Tracks for February 21, 2017
TRUMP UNIVERSITY

Shut its doors and paid $25 million to settle a lawsuit for allegedly committing fraud.

Now that The Donald is President and Betsy DeVos is Secretary of Education, it might be time to open the doors again!


From The New York Times

For-Profit Schools, an Obama Target, See New Day Under Trump


If you have hit the pay wall and can't access the article, here is the intro:

    Since Election Day, for-profit college companies have been on a hot streak. DeVry Education Group’s stock has leapt more than 40 percent. Strayer’s jumped 35 percent and Grand Canyon Education’s more than 28 percent.

    You do not need an M.B.A. to figure out why. Top officials in Washington who spearheaded a relentless crackdown on the multibillion-dollar industry have been replaced by others who have profited from it.

    President Trump ran the now-defunct Trump University, which wound up besieged by lawsuits from former students and New York’s attorney general, who called the operation a fraud. Within days of the election, Mr. Trump, without admitting any wrongdoing, agreed to a $25 million settlement.

    Betsy DeVos, the newly installed secretary of education, is an ardent campaigner for privately run schools and has investments in for-profit educational ventures.


CAT Tracks Editor's Note:

Drain the DC swamp?

That sucking sound you hear...

...is the swamp monsters being turned loose on the entire country.

The Obama Administration spent 8 years trying to recover from the financial mess it inherited. Now, Donald Trump is taking us back to those "good old days"...

...by repealing regulations that imposed some consumer safeguards on banks and businesses...

...and filling his cabinet with fellow billionaires who will join him in ripping off the not-so-rich who elected him.

Those who don't know their history...